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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (33716)1/20/1998 8:57:00 PM
From: randy kay   of 58727
 
Donald, My 2 cents. The bottom of the potential trend I thought might form last week never materialized. I am noticing some (vertical) fast stochastic and also RSI oscillations which are getting narrower and narrower (like a compressed spring). I'm no TA expert but when I have seen this in the past, there has been a tendency for a break in the direction which the oscillations are trending, on the companies I am watching they are currently to the upside. So, for short term I would have to say I believe a strong move upward is quite possible but I think there MUST be 1 or 2 days down before this can happen.

Randy
(Randu is not allowed to make any more predictions gggg)
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